The EUR/USD pair is highly recommended for traders who are only beginning to trade Forex. It trades easily by retail traders as well as by Central banks and financial institutions around the world.
The most active trading sessions takes place in London and New York and the most commonly used EUR/USD Forex charts are the Daily, 4 Hour and 1 Hour charts. The traders at Daily Forex will post the latest Euro to US dollar forecasts and will keep you totally updated regarding EUR/USD trading.
EUR/USD receives additional interest from volume generated by the Euro-crosses (e.g. euro/British pound (EUR/GBP), EUR/CHF and EUR/JPY. This interest tends to be contrary to the underlying U.S. dollar direction, making it an attractive market for short-term traders.
EUR/USD remains bearish below 1.14 as US Dollar strength, Fed rate hike expectations, ECB caution, and a death cross weigh on the euro.
EUR/USD remains bearish near 1.1300 as US Dollar strength, Fed rate expectations, and weak euro momentum keep sellers in control.
EUR/USD turns sharply bearish after breaking below 1.14, with US Dollar strength, ECB concerns, and a death cross pointing toward 1.12.
EUR/USD remains bearish as strong US data and weak European indicators push the pair to an 11-week low within a clear descending channel.
The Euro to US Dollar (EUR/USD) exchange rate faced strong selling pressure during last week's trading. This came after the US Federal Reserve reinforced market expectations that tight monetary policy will persist for longer than anticipated, pushing the currency pair to its lowe
EUR/USD remains under pressure as US rate strength supports the Dollar, with traders watching whether 1.14 support can hold.
EUR/USD remains under bearish pressure near three-month lows as Fed hawkish expectations and dollar strength keep sellers in control.
EUR/USD rebounds from the key 1.14 support level as traders watch short-term risk appetite, the 200-day EMA, and resistance near 1.16.
EUR/USD continues to weaken as Fed rate hike expectations support the US Dollar, with traders watching 1.14 support and 1.16 resistance.
EUR/USD breaks below 1.1500 after the Fed’s hawkish rate outlook, strengthening bearish momentum as traders watch 1.1465 support.
EUR/USD trades near the middle of its consolidation range as traders weigh US yields, Middle East risks, and resistance at the 200-day EMA.
EUR/USD trades cautiously near 1.1600 as traders await the Federal Reserve decision for the next major directional signal.
EUR/USD rebounds as US rates fall, but resistance near 1.1650 and European energy concerns may limit further upside.
EUR/USD attempts a corrective rebound within a bearish channel as traders watch 1.1700 resistance and the Fed decision for direction.
The Euro has rallied early on Monday, as traders are pricing in the idea that the United States and Iran might be looking to extend the ceasefire and move towards peace in general.
